Dean Thomas has an insurance policy that cannot be cancelled unless he fails to pay his premium.What provision in his insurance policy would specify this?

Question

Quizplus · Accepted Answer

The provision that specifies that a policy cannot be cancelled unless the insured fails to pay their premium is called guaranteed renewable. This means that as long as the insured continues to pay their premiums, the insurance company cannot cancel their policy.

Dean Thomas Has an Insurance Policy That Cannot Be Cancelled